From Cushman & Wakefield:
The outlook for the U.S. economy over the next few years remains positive. Although headwinds have come, gone, and come again, the major force driving growth—the consumer—is still gaining momentum. Of course, we are ushering in a new era of fiscal and monetary policy and that will continue to generate uncertainty.
• New era in Washington leads to measured optimism for near-term growth
• U.S. GDP, inflation, and interest rates are poised to go higher
• Leasing fundamentals holding firm, but vacancy nearing an inflection point
• Rising interest rates implies a mix of headwinds and tailwinds for the capital markets
